Pony AI is trading 5.9% down at $7.51 as broader risk-off sentiment weighs on technology and autonomous-driving shares.
- The Nasdaq Composite is down 0.92%, while higher oil prices, rising bond yields, and renewed U.S.-Iran tensions are pressuring growth stocks.
- Pony AI reported strong second-quarter results, including $36.2 million in revenue and 691.2% robotaxi-services growth.
- Available reporting does not identify a company-specific negative catalyst.